Mixed outlook for Falkland Islands oil and gas explorers
Excitement for investors in any of the five small-cap oil and gas explorers operating in the Falkland Islands could be hard to come by this year. In fact, the noisy neighbours in Argentina might be well advised to save their efforts with the Las Malvinas rhetoric until 2014, because that’s when all the E&P attention [...]
Oil and Gas Round-Up 2012 – Part 1
2012 has not been a stellar year for the majority of smaller E&P companies. We take a canter through what happened in the SmallCapNews universe. Year to date price in each case is as at 31 December 2012.
Desire Petroleum cheered by latest independent report
Falkland Islands oil and gas explorer Desire Petroleum (AIM:DES) has welcomed a new ‘competent person’s report’ of its asset base.
Rockhopper Exploration completes sidetrack work on latest discovery well
Rockhopper Exploration (LON:RKH), the exploration group working in the Falkland Islands, has completed coring and logging operations on a sidetrack of its latest well in the North Falkland Basin.
Rockhopper Exploration makes third discovery in the Falkland Islands
Rockhopper Exploration plc (AIM: RKH), the exploration group operating in the Falkland Islands, has made its third discovery in the North Basin.
Rockhopper Exploration confirms second oil discovery in Falkland Islands
Falkland Islands oil explorer Rockhopper Exploration (LON:RKH) has made a second oil discovery in the North Falkland Basin with confirmation that its latest well encountered oil and gas on the Casper prospect.
Desire Petroleum cheered by independent review of Falklands acreage
Desire Petroleum (LON:DES), the Falkland Islands exploration company, has released the details of an independent study of its soon-to-be-drilled acreage in the North Falkland Basin.
Rockhopper Exploration extends Falklands interests with Desire deal
Rockhopper Exploration (LON:RKH), the Falkland Islands oil explorer, has increased its acreage position in the North Falkland Basin by agreeing a farm-in deal with its partner in the region, Desire Petroleum (LON:DES).
Desire Petroleum searching for funds to rejoin Falklands drilling campaign
Falkland Islands oil explorer Desire Petroleum (LON:DES) said this morning that it was reviewing all possible financing options with a view to returning to the current drilling campaign in the region when possible.
Oil & Gas Round-Up
Another week of turmoil in the global markets, however we still have some good and a little not so good news in the SmallCapNews universe.